DSS, Inc. to Hold 2024 Annual Meeting with Votes on Directors, Auditors, and Executive Compensation

The meeting will address key governance issues, including board elections and an advisory vote on executive pay.

October 24, 2024

DSS Announces 2024 Annual Meeting Agenda

DSS, Inc. has announced its 2024 Annual Meeting of Stockholders, scheduled for December 4, 2024. The meeting will take place at the company's headquarters in West Henrietta, New York, and is set to include votes on important governance issues, such as the election of board members, the ratification of its auditing firm, and an advisory vote on the compensation of its top executives.

Stockholders of record as of October 9, 2024, are eligible to vote at the meeting. The company’s board of directors has urged investors to vote in favor of all the proposals, emphasizing that each measure is designed to promote stability in leadership and maintain transparency in executive compensation practices.

Key Proposals and Executive Compensation

One of the central agenda items is the election of seven directors who will serve until the next annual meeting. Among these nominees is Ambrose Chan Heng Fai, Chairman of the Board, along with other returning board members. Their re-election is aimed at ensuring continuity in the company’s leadership at a crucial time for DSS.

Another important vote will involve the ratification of Grassi & Co., Certified Public Accountants, as the company’s independent auditor for the fiscal year 2024. This decision is critical in maintaining the company’s audit integrity and ensuring thorough financial oversight.

The annual meeting will also include a non-binding, advisory vote on executive compensation. This "say-on-pay" vote allows stockholders to express their views on the compensation packages of the company’s named executive officers, although the outcome is not binding on the board.